IAC/InterActiveCorp Stock To Go Ex-dividend Tomorrow (IACI)

The ex-dividend date for IAC/InterActiveCorp (Nasdaq:IACI) is tomorrow, November 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 24 cents per share. At a price of $44.07 as of 9:30 a.m., the dividend yield is 2.2%.

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- The ex-dividend date for IAC/InterActiveCorp (Nasdaq: IACI) is tomorrow, November 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 24 cents per share. At a price of $44.07 as of 9:30 a.m. ET, the dividend yield is 2.2%.

The average volume for IAC/InterActiveCorp has been 952,900 shares per day over the past 30 days. IAC/InterActiveCorp has a market cap of $3.51 billion and is part of the technology sector and internet industry. Shares are up 3.5% year to date as of the close of trading on Friday.

IAC/InterActiveCorp engages in the Internet business in the United States and internationally. The company has a P/E ratio of 23.5, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates IAC/InterActiveCorp as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full IAC/InterActiveCorp Ratings Report.